'Good as gold' still rings true
Demand for gold is soaring and NZ Mint has opened the country's first trading floor in its new Auckland CBD headquarters.The mint's head bullion trader, Mike O'Kane, says gold has never been more popular.The price is currently... nzherald.co.nz |
Zoellick: currencies to be discussed in Istanbul (AP)
Currency issues will likely be discussed at this week's annual meeting of the World Bank and the International Monetary Fund, the bank's president said Tuesday. us.rd.yahoo.com |
European markets trim gains as S&P drops back (AP)
European stock markets gave up earlier gains Thursday as the Standard & Poor's 500 index once again failed to sustain a break above the 1,100 mark -- a level many analysts think could act as a catalyst to a further rally around the world. us.rd.yahoo.com |
Currency: Kiwi may gain as Dubai concerns ease, Fonterra sells powder
The New Zealand dollar may push higher this week as concerns ease about the impact of a potential default on debt payments by Dubai will have on the global economic recovery.Four of nine economists and strategists in a BusinessWire... nzherald.co.nz |
Kiwi's wild ride set to continue
A double whammy of unsettled overseas markets and unexpected local economic data has sent the New Zealand dollar on a wild ride and more volatility is expected.The kiwi opened yesterday on US71.93c, close to 3c down against the... nzherald.co.nz |